Dailey began his career at FORUM in 1982 and has served as chief financial officer since his early days with the credit union. He will begin his retirement effective Feb. 1.

"We thank Bill for his 29 years of service and for playing a significant role in growing FORUM to become one of the 200 largest credit unions in the country," said Interim CEO Michael Peterson. "We wish him many happy years in retirement."

Jeff Welch joined the FORUM team in 1998 and has held the positions of controller, vice president of finance and senior vice president of finance. He has 25 years of experience in the credit union industry, having worked for two other credit unions prior to FORUM.

"In his 12 years of handling finance and accounting responsibilities with FORUM, Jeff is well positioned and qualified to take over the role of CFO," Peterson said.

The $945 million FORUM has 12 branches and serves more than 100,000 members in the central Indiana area.